We’re excited to announce that the latest information is now available on our new site, the Ginesys One Wiki!. Visit the site for up-to-date resources and insights. We look forward to continuing to support you there!
We’re excited to announce that the latest information is now available on our new site, the Ginesys One Wiki!. Visit the site for up-to-date resources and insights. We look forward to continuing to support you there!
Adding & Editing Sub Ledger - Others in Ginesys HO
A sub ledger, or subsidiary ledger, is a subset of the general ledger used in accounting. It shows details for part of the accounting records such as property and equipment, prepaid expenses, etc. Sub ledgers are basically used to bifurcate a broader head into multiple sub head to keep more control transparency and reporting purpose.This article describes how to manage Sub-Ledger Others in Ginesys HO.
- Note: One time master creation for section 194Q has to be done manually with tagging of all eligible TDS source and their respective TDS rate.
Reflection in Vendor Master
Under TDS Information block, a new column has been introduced for TDS Type in Vendor, Customer, Employee and Other sub ledger master.
The TDS Name can be quickly chosen by the new TDS Type column in the drop-down list.
- Note: One time effort is to be applied to mark the eligible vendors for TDS Applicable and specify the Exception Limit for the year.
- Check: Sum of Invoice value already created during this year, needs to deducted from maximum exception limit, for respective vendors.
- Ex: If total value of Invoice raised till 30th June is 20Lacsfor a given vendor, then exception limit for that Vendor should be 30Lacs i.e.(50L - 20L). From next year Limit should be on full value i.e. 50Lacs.
Online Printing option is now available from version 12.6.6 onwards.
To go back to the main page click on the link : How To: Manage Setup in Ginesys Finance